The Company "KRI-KRI SA MILK INDUSTRY", with VAT No EL094289571 and Reg. No 113772252000 (hereinafter referred to as the "Company"),  announces that in the context of the 13^th issue of the agenda of Shareholders' Annual General Meeting, which took place on Tuesday, 07 July 2020 at 12:00 p.m., at the Company's headquarters in Serres, it was decided to approve the Company's Own Shares Acquisition Program [hereinafter the "Program"], which may amount up to 5% of the company's total shares, i.e. the maximum number of shares that may be acquired amounts to 1,653,256. The purpose of the Program is, for the percentage up to 0.5% of the respective total shares, i.e. for a maximum number of shares 165,325 that can be acquired, to cover the Stock Options scheme, as decided in the context of the 11th issue of the Agenda, and up to  4.5% of the total shares, i.e. for a maximum number of shares 1,487,931 that can be acquired, the reduction of the Company's share capital. The minimum purchase price was set at € 0.50 per share and as a maximum purchase price was set at €9.00 per share, and the duration of the program twenty-four (24) months after the decision of this Annual General Meeting, i.e. from 07.07.2020 to 07.07.2022. The maximum amount expected to be allocated to the Program during the abovementioned period shall be EUR 14,879,304, including the relevant costs. Furthermore, the Board of Directors of the Company was also authorised to implement the Program.

The Own Shares Acquisition Program will be carried out in accordance with the definitions of Regulation 596/2014 on market abuse and the Commission's Delegated Regulation 2016/1052.

The Company has published and posted on its website  https://www.krikri.gr/ separate notice with the detailed results of the vote on all the items of the Agenda of the Annual General Meeting.

Serres, 08.07.2020

The Board of Directors